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李尔公司（LEA）与Targa Resources（TRGP）财务数据对比。点击上方公司名可切换其他公司
李尔公司的季度营收约是Targa Resources的1.5倍（$6.0B vs $4.1B），Targa Resources净利率更高（13.4% vs 1.4%，领先12.1%），李尔公司同比增速更快（4.8% vs -7.9%），Targa Resources自由现金流更多（$542.3M vs $281.1M），过去两年Targa Resources的营收复合增速更高（0.8% vs -0.1%）
李尔公司是美国知名汽车零部件供应商，核心业务涵盖汽车座椅及电气系统的研发、生产与销售。公司曾位列2018年《财富》世界500强第148位，2019年升至第147位，在全球汽车供应链领域拥有突出的市场地位与品牌影响力。
Targa Resources Corp.为财富500强企业，总部位于美国得克萨斯州休斯敦，是美国规模最大的中游能源基础设施企业之一，主营天然气及天然气凝液输送业务，运营资产主要集中在墨西哥湾沿岸，得克萨斯州与路易斯安那州为核心布局区域，马修·J·梅洛伊自2020年起担任首席执行官。
LEA vs TRGP — 直观对比
营收规模更大
LEA
是对方的1.5倍
$4.1B
营收增速更快
LEA
高出12.7%
-7.9%
净利率更高
TRGP
高出12.1%
1.4%
自由现金流更多
TRGP
多$261.2M
$281.1M
两年增速更快
TRGP
近两年复合增速
-0.1%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $6.0B | $4.1B |
| 净利润 | $82.7M | $545.0M |
| 毛利率 | 5.7% | 43.1% |
| 营业利润率 | 2.6% | 22.6% |
| 净利率 | 1.4% | 13.4% |
| 营收同比 | 4.8% | -7.9% |
| 净利润同比 | -6.1% | 55.3% |
| 每股收益（稀释后） | $1.58 | $2.51 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收LEATRGP
| Q4 25 | $6.0B | $4.1B | ||
| Q3 25 | $5.7B | $4.2B | ||
| Q2 25 | $6.0B | $4.3B | ||
| Q1 25 | $5.6B | $4.6B | ||
| Q4 24 | $5.7B | $4.4B | ||
| Q3 24 | $5.6B | $3.9B | ||
| Q2 24 | $6.0B | $3.0B | ||
| Q1 24 | $6.0B | $4.0B |
净利润LEATRGP
| Q4 25 | $82.7M | $545.0M | ||
| Q3 25 | $108.2M | $478.4M | ||
| Q2 25 | $165.2M | $629.1M | ||
| Q1 25 | $80.7M | $270.5M | ||
| Q4 24 | $88.1M | $350.9M | ||
| Q3 24 | $135.8M | $387.4M | ||
| Q2 24 | $173.1M | $298.5M | ||
| Q1 24 | $109.6M | $275.2M |
毛利率LEATRGP
| Q4 25 | 5.7% | 43.1% | ||
| Q3 25 | 6.4% | 39.6% | ||
| Q2 25 | 7.3% | 42.8% | ||
| Q1 25 | 6.5% | 28.6% | ||
| Q4 24 | 6.8% | 33.7% | ||
| Q3 24 | 7.3% | 38.6% | ||
| Q2 24 | 7.5% | 27.9% | ||
| Q1 24 | 6.6% | 19.3% |
营业利润率LEATRGP
| Q4 25 | 2.6% | 22.6% | ||
| Q3 25 | 3.4% | 20.2% | ||
| Q2 25 | 4.1% | 24.3% | ||
| Q1 25 | 3.3% | 11.9% | ||
| Q4 24 | 3.7% | 15.9% | ||
| Q3 24 | 3.9% | 18.9% | ||
| Q2 24 | 4.3% | 20.6% | ||
| Q1 24 | 3.3% | 16.0% |
净利率LEATRGP
| Q4 25 | 1.4% | 13.4% | ||
| Q3 25 | 1.9% | 11.5% | ||
| Q2 25 | 2.7% | 14.8% | ||
| Q1 25 | 1.5% | 5.9% | ||
| Q4 24 | 1.5% | 8.0% | ||
| Q3 24 | 2.4% | 10.1% | ||
| Q2 24 | 2.9% | 9.8% | ||
| Q1 24 | 1.8% | 6.9% |
每股收益（稀释后）LEATRGP
| Q4 25 | $1.58 | $2.51 | ||
| Q3 25 | $2.02 | $2.20 | ||
| Q2 25 | $3.06 | $2.87 | ||
| Q1 25 | $1.49 | $0.91 | ||
| Q4 24 | $1.64 | $1.44 | ||
| Q3 24 | $2.41 | $1.75 | ||
| Q2 24 | $3.02 | $1.33 | ||
| Q1 24 | $1.90 | $1.22 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $1.0B | $166.1M |
| 总债务越低越好 | $2.7B | $16.7B |
| 股东权益账面价值 | $5.0B | $3.1B |
| 总资产 | $14.8B | $25.2B |
| 负债/权益比越低杠杆越低 | 0.54× | 5.43× |
8季度趋势，按日历期对齐
现金及短期投资LEATRGP
| Q4 25 | $1.0B | $166.1M | ||
| Q3 25 | $1.0B | $124.1M | ||
| Q2 25 | $887.9M | $113.1M | ||
| Q1 25 | $779.9M | $151.4M | ||
| Q4 24 | $1.1B | $157.3M | ||
| Q3 24 | $763.9M | $127.2M | ||
| Q2 24 | $950.3M | $166.4M | ||
| Q1 24 | $930.4M | $109.9M |
总债务LEATRGP
| Q4 25 | $2.7B | $16.7B | ||
| Q3 25 | $2.8B | $16.7B | ||
| Q2 25 | $2.8B | $16.1B | ||
| Q1 25 | $2.7B | $15.5B | ||
| Q4 24 | $2.7B | $13.8B | ||
| Q3 24 | $2.8B | $13.6B | ||
| Q2 24 | $2.7B | $13.0B | ||
| Q1 24 | $2.7B | $12.5B |
股东权益LEATRGP
| Q4 25 | $5.0B | $3.1B | ||
| Q3 25 | $5.1B | $2.7B | ||
| Q2 25 | $5.1B | $2.6B | ||
| Q1 25 | $4.7B | $2.5B | ||
| Q4 24 | $4.5B | $2.6B | ||
| Q3 24 | $4.8B | $2.6B | ||
| Q2 24 | $4.8B | $2.5B | ||
| Q1 24 | $4.9B | $2.7B |
总资产LEATRGP
| Q4 25 | $14.8B | $25.2B | ||
| Q3 25 | $15.2B | $24.2B | ||
| Q2 25 | $15.3B | $23.5B | ||
| Q1 25 | $14.6B | $22.8B | ||
| Q4 24 | $14.0B | $22.7B | ||
| Q3 24 | $14.8B | $21.9B | ||
| Q2 24 | $14.7B | $21.3B | ||
| Q1 24 | $14.9B | $20.8B |
负债/权益比LEATRGP
| Q4 25 | 0.54× | 5.43× | ||
| Q3 25 | 0.54× | 6.19× | ||
| Q2 25 | 0.54× | 6.21× | ||
| Q1 25 | 0.59× | 6.34× | ||
| Q4 24 | 0.61× | 5.32× | ||
| Q3 24 | 0.58× | 5.28× | ||
| Q2 24 | 0.57× | 5.25× | ||
| Q1 24 | 0.56× | 4.63× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $475.9M | $1.5B |
| 自由现金流经营现金流 - 资本支出 | $281.1M | $542.3M |
| 自由现金流率自由现金流/营收 | 4.7% | 13.4% |
| 资本支出强度资本支出/营收 | 3.3% | 23.8% |
| 现金转化率经营现金流/净利润 | 5.75× | 2.76× |
| 过去12个月自由现金流最近4个季度 | $527.2M | $584.1M |
8季度趋势，按日历期对齐
经营现金流LEATRGP
| Q4 25 | $475.9M | $1.5B | ||
| Q3 25 | $444.4M | $599.2M | ||
| Q2 25 | $296.2M | $858.3M | ||
| Q1 25 | $-127.7M | $954.4M | ||
| Q4 24 | $680.8M | $1.3B | ||
| Q3 24 | $182.7M | $540.9M | ||
| Q2 24 | $291.2M | $904.5M | ||
| Q1 24 | $-34.6M | $876.4M |
自由现金流LEATRGP
| Q4 25 | $281.1M | $542.3M | ||
| Q3 25 | $307.0M | $-72.6M | ||
| Q2 25 | $170.8M | $-47.8M | ||
| Q1 25 | $-231.7M | $162.2M | ||
| Q4 24 | $488.7M | $601.0M | ||
| Q3 24 | $50.5M | $-287.9M | ||
| Q2 24 | $170.4M | $164.2M | ||
| Q1 24 | $-148.2M | $206.6M |
自由现金流率LEATRGP
| Q4 25 | 4.7% | 13.4% | ||
| Q3 25 | 5.4% | -1.7% | ||
| Q2 25 | 2.8% | -1.1% | ||
| Q1 25 | -4.2% | 3.6% | ||
| Q4 24 | 8.6% | 13.6% | ||
| Q3 24 | 0.9% | -7.5% | ||
| Q2 24 | 2.8% | 5.4% | ||
| Q1 24 | -2.5% | 5.2% |
资本支出强度LEATRGP
| Q4 25 | 3.3% | 23.8% | ||
| Q3 25 | 2.4% | 16.2% | ||
| Q2 25 | 2.1% | 21.3% | ||
| Q1 25 | 1.9% | 17.4% | ||
| Q4 24 | 3.4% | 16.5% | ||
| Q3 24 | 2.4% | 21.5% | ||
| Q2 24 | 2.0% | 24.3% | ||
| Q1 24 | 1.9% | 16.8% |
现金转化率LEATRGP
| Q4 25 | 5.75× | 2.76× | ||
| Q3 25 | 4.11× | 1.25× | ||
| Q2 25 | 1.79× | 1.36× | ||
| Q1 25 | -1.58× | 3.53× | ||
| Q4 24 | 7.73× | 3.78× | ||
| Q3 24 | 1.35× | 1.40× | ||
| Q2 24 | 1.68× | 3.03× | ||
| Q1 24 | -0.32× | 3.18× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
LEA
| Other | $3.5B | 59% |
| Seating Segment | $1.9B | 32% |
| E Systems Segment | $520.6M | 9% |
TRGP
| Logistics And Transportation | $3.4B | 83% |
| Natural Gas Reserves | $393.1M | 10% |
| Storage Terminaling And Export | $130.9M | 3% |
| Oil And Condensate | $112.0M | 3% |
| NGL Transportation Fractionation And Services | $64.7M | 2% |
